New business acquisition
Are you looking to purchase a new business and are unsure if the price the seller is asking is fair? The current market provides a good opportunity for businesses with a strong free cash flow to expand through acquisition. It’s important to be aware of some of the value drivers of a business though, to ensure you’re paying what you deserve.
Some of the ‘value drivers’ of a business are:
- Future performance
- Financial leverage
- Financial return expectation
- Cash flow
- Deal structure
- Asset type
- Exit strategy
Centenary Tax Accountants can offer you sound, honest business advice and will carry out a business valuation to ensure your output rightfully corresponds with the value of the business. During this valuation, all of the above value drivers will be taken into consideration.
Starting up a new business
Alternatively, you may be looking to start up a new business and need some objective advice. Centenary Tax Accountants have assisted businesses of all shapes and sizes, from sole traders through to small start up companies. We can help put the appropriate policies and procedures in place from the start, to help with the initial business setup and to streamline all internal processes, moving forward.
Affording necessary business equipment
On the other hand, you may be trying to determine whether your company can afford to make a substantial expenditure. Whether it’s a large piece of necessary equipment that you require or more internal resources, Centenary Tax Accountants can analysis your current level of expenditure to determine whether your cash flow can enable this outgoing. We will examine your figures and will provide you with prompt advice, to avoid you committing to a purchase loan you may not be able to afford.
No matter what your situation is, if you need realistic business advice, contact Centenary Tax Accountants and see how we can help you.